That sounds like massive renos (ie new floors, painting...).Yes as you acquire more properties, the chances of having multiple vacancies (no matter how leases are staggered) increases.

Is their underwriting sound? 

@Eric Huntermark Unless you're already independently wealthy, a conventional loan product (assuming this = bank/credit union loan), is going to probably be less attractive for you and most banks/credit unions don't lend to flippers.It sounds like, I'll need to either pony up some more cash or find a private lender that is willing to invest in some of the deals with me

Please let me know if this sounds correct.

The cop sounded lazy or dumb to me.

They have noted who they invested with and several of these sponsors used to be huge contributors to a BP and now have gone completely dark on their investors or but continue to pump out podcast episodes and speaking engagements… So my question is: is it that bad out there in the syndication space?

It sounds like REsimpli has a lot of value and combines a lot of features so I don’t need to pay for subscriptions to 10 different platforms (and invest a ton of time learning their systems only to discover a better option and start the process over again).

A great lake front home doesn't have to cost a mint but it sounds like you want something that is really fantastic which will bring a higher nightly rate.

Sounds like you've started your research on OOS investing, but the single best piece of advice I can give you is to establish a trusted investor-friendly agent who will be your boots on the ground once you decide which market you want to target.

Definitely sounds like an interesting asset class.